The Edge's Centurion Club Awards 2024 sees $HARBOUR / 2062 (HARBOUR-LINK GROUP BERHAD) as the Centurion of the Year for 2024. This comes after Harbour was also shortlisted as one of Forbes' Best under a Billion club not long ago, which hopefully should put them on the radar of more people to look into and study their business.
Other companies that scored a triple winner on their respective categories (Highest RoE, highest growth in PAT, and highest returns to shareholders) in their sector include $DELEUM / 5132 (DELEUM BERHAD) $KOTRA / 0002 (KOTRA INDUSTRIES BERHAD) and $REDTONE / 0032 (REDTONE INTERNATIONAL BERHAD) .
The award is evaluated based on the the scoring criteria of return to shareholders (30% weightage); PAT growth (40%); and ROE (30%) over three years.
While harbour is probably not likely to win this award again soon, as they are coming off of unprecedented freight rates in 2023 (and thus the benchmark they will have to compare with is unrealistically high in a normal business environment), I think they will still score rather well in general.
Anyhow, congratulations to all the winning companies! Are any of them part of your investment portfolios? The award winners could be a good place to start as a shortlist for further study.
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